Quarterly report pursuant to Section 13 or 15(d)

Restructuring Charge (Notes)

Restructuring Charge (Notes)

9 Months Ended

Dec. 31, 2015

In the fourth quarter of fiscal year 2015, the Company approved a plan to restructure its business, including reduction of headcount and consolidation of office space within the Aurora headquarters facility, with the intent to optimize operations. The restructuring was substantially completed during the fourth quarter of fiscal year 2015 and impacted 17 employees. The Company recognized a restructuring expense of $3.2 million in the three months ended March 31, 2015, inclusive of a non-cash charge of $2.7 million related to a loss on a lease, net of sublease income. The Company recognized a restructuring expense of $17,000 in the nine months ended December 31, 2015 related to employee separation costs. As of December 31, 2015, $1.1 million and $0.8 million of the restructuring costs primarily related to the office space are unpaid and accrued on the Condensed Consolidated Balance Sheets presented in accrued restructuring and accrued restructuring non-current, respectively. As of March 31, 2015, $1.2 million and $1.6 million of the restructuring costs primarily related to the office space are unpaid and accrued on the Condensed Consolidated Balance Sheets presented in accrued restructuring and accrued restructuring non-current, respectively. The restructuring costs are expected to be paid in full by fiscal year 2018 concurrent with the termination date of the contractual lease.

In the first quarter of fiscal year 2014, the Company acquired Kentrox and identified redundant employees who exited the business after a period of time. The Company recognized a restructuring expense of $55,000 in the nine months ended December 31, 2014 for severance for these transitional employees.

Total liability for restructuring charges and their utilization for the nine months ended December 31, 2015, and 2014, are summarized as follows:



	Nine months ended December 31, 2015									Nine months ended December 31, 2014
(in thousands)	Employee-related			Other costs			Total			Employee-related
Liability at beginning of period	$	15		$	2,788		$	2,803		$	57
Charged	17			—			17			55
Paid	(32		)	(869		)	(901		)	(112		)
Liability at end of period	$	—		$	1,919		$	1,919		$	—